Best Credit Data, Inc. Partners with TPG Software, Inc. to Distribute Municipal Bond Pricing
BOSTON, Nov. 27, 2018 /PRNewswire-PRWeb/ -- Best Credit Data, Inc. (BCD), a leading vendor of market data pricing, analytics and reference data for municipal bonds, corporate bonds, private placements, broadly syndicated and middle market loans today announced a partnership with TPG Software, Inc. (TPG), a developer of streamlined front-to-back office investment accounting and management software solutions, to deliver end-of-day evaluations to TPG's clients.
With this new partnership, TPG Software now has an interface to import BCD municipal bond prices to its Portfolio Genius® portfolio management system, available to those clients who want a high-quality alternative to traditional pricing services.
BCD provides evaluated pricing for over 1 million U.S. municipal bonds every day -- including eight years of end-of-day history -- to clients across a range of use cases including banks, brokers, mutual funds, hedge funds and insurance companies.
"We are excited to provide TPG's clients with the data they need to power their daily portfolio valuations," said Mark O'Brien, President of Best Credit Data, Inc. "TPG's success in delivering industry leading front-to-back office investment accounting solutions aligns well with Best Credit's mission to deliver high quality evaluations to institutional investors."
Slavek Rotkiewicz, President and co-founder of TPG Software, Inc., said, "TPG customers rely on the Portfolio Genius System for full coverage of the fixed income and liability instruments in their portfolios. We strive to deliver the most accurate information to our clients, and that's why partnering with Best Credit Data was the right decision for us. BCD provides the high quality evaluations, coverage, and timeliness that is so critical for our client base."
Best Credit Data, Inc. delivers daily and historical evaluations via data feeds, API and the intuitive and easy-to-use BCD portal. The portal is a cost-effective method to quickly view and download municipal and corporate bond data into a client's workflow.
About Best Credit Data, Inc.
Founded in 2013, Best Credit Data, Inc. is a Boston based market data vendor focused on leveraging Cloud computing technology to deliver high quality municipal bond, corporate bond, private placement, broadly syndicated and middle market loan evaluations to service institutional portfolio accounting, risk management, and compliance use cases. BCD's clients include banks, brokers, mutual funds, hedge funds, and insurance companies. For more information, please visit https://www.bestcreditanalysis.com/.
About TPG Software, Inc.
Founded in 1991, TPG Software, Inc. provides investment accounting software solutions that support trading, comprehensive investment analysis and reporting, investment, liability, and derivative accounting, client safekeeping, and risk and collateral management. TPG's mission is to provide software tools that support the complicated securities created by Wall Street, maintain solutions to comply with regulatory guidelines, and deliver products built on industry-standard software platforms while utilizing the newest technologies available. For more information, please visit https://www.tpgsoftware.com/.
SOURCE Best Credit Data
